00000cam 2200000zi 4500 9.966450 CaOODSP 20261001153202 m o d f cr |n||||||||| 261001e20260918oncd ob f|0| 0 eng d CaOODSP eng rda CaOODSP n-cn--- FB3-8/2026-42E-PDF Meh, Vincent, author. Hedge funds and bond market liquidity dynamics at the onset of the 2026 Middle East conflict / Vincent Meh, Jabir Sandhu, Andreas Uthemann. [Ottawa] : Bank of Canada = Banque du Canada, September 18, 2026. ©2026 1 online resource (11 unnumbered pages) : charts. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff analytical paper = Document analytique du personnel, 3110-9195 ; 2026-42 Cover title. Includes bibliographical references. "We examine whether hedge funds and other asset managers contributed to illiquidity in the Government of Canada bond market at the onset of the war in the Middle East in early 2026. We find no evidence that they did. Hedge funds remained active participants in primary auctions, while the extent to which dealers could offset client transactions in secondary markets stayed within its typical range. Although hedge funds did reduce leveraged positions, their trading remained broadly consistent with their usual relativevalue strategies"--Abstract, page [4]. Hedge funds Canada. Bond market Canada. Fonds spéculatifs Canada. Marché obligataire Canada. Bank of Canada, issuing body. Staff analytical paper (Bank of Canada) 3110-9195 ; 2026-42. (CaOODSP)9.958938 PDF 429 KB https://publications.gc.ca/collections/collection_2026/banque-bank-canada/FB3-8-2026-42-eng.pdf